Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$548,073$548,073$674,999
Remaining term (yrs)24.824.830.0
Secondary amount$0$126,926$0
Funding fee$2,740$2,740$0
Note rate2.900%2.900%7.400%
Blended rate2.900%3.859%7.640%
1st payment$2,576.46$2,576.46$4,673.56
2nd payment$0.00$846.18$0.00
Taxes / mo$200.00$200.00$200.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$41.67$41.67$41.67
Total monthly$3,034.80$3,880.98$5,266.89
Cash to close$201,926$75,000$75,000